Commodities: WTI Crude Oil futures rose 0.39% to settle at $62.02 per barrel. Gold futures were slightly higher by 0.12% and are trading around $1,297 per ounce.

Currencies:The US Dollar Index was slightly higher by 0.05%.

Interest Rates: The US 10-year Treasury Yield fell to 2.371%. While the 2-year fell to a new 52-week low of 2.164%.

Here are some of the best charts, articles, and ideas being shared on the web today!

Chart of the Day

Today’s chart of the day was shared in a research note from Frank Cappelleri, Cheif Market Technician at Instinet. It’s a line chart of the 10-year US Treasury Yield testing its 52-week low. Frank notes that each rally has been faded in 2019, as shown by the red circles. He adds that the fallout in yields has put pressure on the Financial sector ($XLF) as it has struggled to reach a new 52-wk high this year. On the other hand, it has given a bid to the Utility sector ($XLU) which is consolidating near all-time highs.

Pullbacks Happen – LPL Research
In this note, LPL Financial Research puts the recent 5% pullback in the S&P 500 into perspective. They use historical data to explain that corrections of this magnitude are perfectly normal in healthy uptrends.

Global transportation giants not looking good on the charts. $UPS broke down with a plunge in late April and $FDX broke the wedge line in May. Both are below their 200-days. The Fedex 200-day has been falling all year. pic.twitter.com/OjWMDkTkrB